How to buy Chiliz: Guide for Beginners

By Fiatom.io | Fiatom.io | 25 Apr 2022


Chiliz is a popular blockchain platform focused on the sports and entertainment sector. The project has strong collaborations with world football clubs and organizations. Learn more about the project and find out how to buy CHZ profitably, quickly, and safely.

Key Points:

  • Chiliz is a one-of-a-kind blockchain that allows sports and entertainment entities to issue fan tokens.
  • Fans can buy fan tokens and become actively involved in the life of their favorite teams.
  • With Fiatom, you can find the best rate for purchasing and selling CHZ.

What is Chiliz?

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Chiliz is a narrow-profile blockchain platform aimed at the sports and cybersports sector. The platform allows sports and entertainment organizations to issue their own fan tokens on their blockchain. Holders of such digital assets can participate in surveys and votes conducted by clubs, receive rewards and influence the marketing decisions of their favorite teams. Companies that have issued fan tokens increase audience engagement and get a convenient tool for monetization. Football clubs cooperate with the blockchain platform: Barcelona, Manchester City, Juventus, Milan, the UFC organization, other teams, and sports leagues. All this happens on the platform Socios.com, and it is powered by the internal token of the CHZ project.

Socios.com is a kind of team management system that allows fans to take an active part in the management and development of their favorite team. On Socios, users can exchange Chiliz for fan tokens. Holders of such branded tokens participate in surveys, receive rewards, gain loyalty points and earn places on the leaderboard. But the main thing is that they influence their favorite team. Chiliz’s vision is to transform billions of fans from passive observers into active participants. The decision of each fan directly affects actual sports events related to teams, partner organizations, and competitions.

Chiliz disposes of several blockchains, namely Ethereum, Tron, and Binance Smart Chain. The Socios platform is a sidechain that uses a Proof of Authority consensus algorithm. This algorithm does not have a high degree of decentralization, but it is ideal for implementing a crowd control mechanism and is highly safe and fast.

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Like many other crypto projects, Chiliz gained the most significant popularity in early 2021. From the end of February 2021 to the middle of March, CHZ rapidly increased in price, from $0.05 to $0.7. The maximum price of CHZ was fixed on March 13, 2021, and amounted to $0.8915, according to CoinMarketCap. Now (April 19), CHZ is trading at about $0.2. It should be noted that many users are bullish on tokens since Chiliz is directly related to sports events, and the price increase is expected during the World Cup that will be held from November to December 2022.

Best crypto exchanges

 

Binance

Binance is the largest and most popular crypto exchange on the market. The platform provides more than 600 cryptocurrencies for buying, selling, trading, and storing. Binance stands out favorably for its low trading fees. In addition, you can buy and sell coins on a peer-to-peer basis using Binance P2P.

The best for global reputation.

Trustpilot Rating:

 

Guardarian

Guardarian is a user-friendly trading platform that allows users to buy CHZ and more than 250 other coins. The service supports several leading payment methods as well as more than 45 fiat currencies to purchase with.

The best for ease of use.

Trustpilot Rating:

 

Bifinity

Bifinity is a fiat-to-crypto payment gateway launched by the Binance exchange. It is one of the most secure and functional providers on the market. The service supports many payment methods for buying CHZ and more than 50 other cryptocurrencies.

The best for security and reliability.

Bifinity was recently launched, so there is no Trustpilot Rating.

 

Coinbase

Coinbase is a reliable and time-tested crypto trading platform founded in 2012. The platform provides more than 150 cryptocurrencies for buying/selling, and trading. In addition, Coinbase also provides a secure and multifunctional crypto wallet.

The best for security.

Trustpilot Rating:

 

Coingate

Coingate is a leading fiat-to-crypto gateway via which users can buy/sell and swap more than 50 cryptocurrencies. In addition, the service also cooperates with a number of reliable payment providers, so you can easily purchase CHZ using a credit/debit card, bank transfer, and other payment methods.

The best for an intuitive interface. 

Trustpilot Rating:

 

How to buy Chiliz?

With the help of Fiatom, users can find the most profitable rate to buy CHZ at a particular moment. We compare the rate of top crypto trading platforms and provide our users with the best offer. To buy CHZ, follow the instructions below:

  1. Choose a fiat currency.
  2. Enter the fiat amount.
  3. Type “CHZ” in the search bar.
  4. Study the rates and choose a provider.
  5. You will be able to make a payment on the website of the selected provider.
  6. Finally, get your newly CHZ tokens.

If you have CHZ and you want a cashout:

  1. Select CHZ from the list and enter the desired amount.
  2. Next, select the fiat currency you wish to receive.
  3. Choose the best offer.
  4. Make a crypto-to-fiat exchange.
  5. Get a fiat amount.

Conclusion

Chiliz is a project that has occupied its niche and is actively developing. The platform is trendy among sports teams and organizations. Chiliz provides an effective way to sponsor sports projects and allows fans to be involved in the life of their favorite teams.

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